J
Seller's Agent in 2024
Jason Weathers
Auben Realty
(980) 242-6027
2 in this area
55 Total Sales
133 W Ridgewood Ave Chattanooga, TN 37415
Estimated Value: $394,000 - $435,000
--
Bed
2
Baths
2,352
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- Open Floorplan
- No HOA
- Cooling System Mounted In Outer Wall Opening
- Wooded Lot
- Brick Exterior Construction
- Living Room
About This Home
As of August 2024If you are looking for a low-maintenance, multifamily property then this is the perfect opportunity! Nestled in a prime location just 10 minutes to Downtown Chattanooga is a newly revamped quadplex in the heart of Red Bank. This is an excellent investment opportunity with new updates including new roof, new gutters, and mini-splits in each unit. Step inside any of the four units and find a spacious 1-bedroom, 1-bathroom layout, finished with LVP flooring, new bathrooms, new kitchens, and every unit includes its own washer and dryer. Future tenants are just minutes away from dining, shopping, and nightlife. New plumbing and new electrical.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,472
Year Built
- Built in 1970
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 80x166
- Sloped Lot
- Wooded Lot
Parking
- Off-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2,352 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Living Room
- Luxury Vinyl Tile Flooring
- Stove
- Washer and Dryer Hookup
Schools
- Red Bank Elementary School
- Red Bank Middle School
- Red Bank High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Baseboard Heating
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 126c G 006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2024
Closed on
Jul 31, 2024
Sold by
Weber Lauren
Bought by
Morales Irene
Seller's Agent
Jason Weathers
Auben Realty
Buyer's Agent
Eddie Bodkin
Zach Taylor - Chattanooga
List Price
$499,900
Sold Price
$415,000
Premium/Discount to List
-$84,900
-16.98%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,971
Avg. Annual Appreciation
2.15%
Original Mortgage
$332,000
Outstanding Balance
$329,721
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$94,476
Purchase Details
Closed on
May 5, 2023
Sold by
Vpt Llc
Bought by
Weber Lauren
Purchase Details
Closed on
Aug 26, 2022
Sold by
Steven Allen
Bought by
Vpt Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,098
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 2015
Sold by
Allen Steve and Allen Steven T
Bought by
Allen Steven and Allen Janice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4.11%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 3, 2006
Sold by
Ahlquist Gary and Ahlquist Robin
Bought by
Allen Steven T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,375
Interest Rate
7.62%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 11, 1997
Sold by
Gilbert Teena W
Bought by
Mcgee Gary and Mcgee Mary Lou
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.56%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 23, 1995
Sold by
Gilmore Stephen R
Bought by
Gilbert Harold D and Gilbert Teena W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morales Irene | $415,000 | Cumberland Title | |
| Weber Lauren | $270,000 | Foundation Title | |
| Vpt Llc | $228,000 | -- | |
| Allen Steven | -- | Natl Title Ins Agency Inc | |
| Allen Steven T | $108,500 | None Available | |
| Mcgee Gary | $69,900 | -- | |
| Gilbert Harold D | $63,740 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morales Irene | $332,000 | |
| Previous Owner | Vpt Llc | $206,098 | |
| Previous Owner | Allen Steven | $620,000 | |
| Previous Owner | Allen Steven T | $81,375 | |
| Previous Owner | Mcgee Gary | $62,000 | |
| Closed | Allen Steven T | $27,125 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2024 08/02/24 | Sold | $415,000 | -9.8% | $176 / Sq Ft |
| 06/11/2024 06/11/24 | Price Changed | $460,000 | -3.2% | $196 / Sq Ft |
| 05/26/2024 05/26/24 | Price Changed | $475,000 | -5.0% | $202 / Sq Ft |
| 05/13/2024 05/13/24 | Off Market | $499,900 | -- | -- |
| 05/10/2024 05/10/24 | For Sale | $499,900 | 0.0% | $213 / Sq Ft |
| 04/26/2024 04/26/24 | For Sale | $499,900 | -- | $213 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,278 | $57,120 | $0 | $0 |
| 2023 | $2,512 | $57,120 | $0 | $0 |
| 2022 | $1,973 | $57,120 | $0 | $0 |
| 2021 | $2,933 | $57,120 | $0 | $0 |
| 2020 | $3,052 | $48,840 | $0 | $0 |
| 2019 | $3,052 | $48,840 | $0 | $0 |
| 2018 | $3,052 | $48,840 | $0 | $0 |
| 2017 | $2,951 | $48,840 | $0 | $0 |
| 2016 | $3,033 | $0 | $0 | $0 |
| 2015 | $3,042 | $48,840 | $0 | $0 |
| 2014 | $3,042 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Eddie Bodkin
Zach Taylor - Chattanooga
(423) 665-7355
1 in this area
15 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1390945
APN: 126C-G-006
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